US Markets Rally as Trump Delays 50% Tariff on EU Goods

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BREAKING: In a significant development for global markets, contracts for the S&P 500 and Nasdaq 100 climbed after President Trump announced a delay in the planned 50% tariff on European Union goods. The new implementation date is now set for July 9, giving both sides more time to negotiate a potential trade resolution

This decision followed a direct call between President Trump and European Commission President Ursula von der Leyen, who emphasised the EU’s readiness to advance talks rapidly and decisively. The extension aims to ease recent market volatility and underscores the importance of constructive dialogue between two of the world’s largest trading partners

“Europe is ready to advance talks swiftly and decisively. To reach a good deal, we would need the time until July 9.”
— Ursula von der Leyen, President of the European Commission

With the threat of immediate tariffs temporarily lifted, market participants are watching closely as negotiations unfold, hopeful for a positive outcome that supports global economic stability

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#Trade #Markets #US #EU #Tariffs #SPX #Nasdaq100 #Leadership #GlobalEconomy
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